hello all This is a new fractal between 2019 bull run and 2023
lets talk about the similarities between both years:
1- Both are after bloody bear market years 2018 and 2022 2- major downtrend line breakout 3- 200 1D moving average breakout 4- strong reactions from bulls after period of capitulation
well I don't think it will be an identical movement but If BTC followed 2019 fractal then our target should be something near 50K (0.786 Fb resistance)
Appreciate your support by likes and follow any questions or ideas please post it in comment section below
A very realistic scenario. An intermediate cycle of pumping the market as in 2019, followed by a strong reset. Then the main pumping cycle after halving btc in 2021.
Babenski
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@SpartaBTC yes my friend hope it will be like that